Last Sold Price
3 beds3,262 sqft$375/sqft
379 New Farm Rd, Banner Elk, NC 28604

Description

Discover a truly exceptional riverfront estate in the sought-after Shull’s Farm of Valle Crucis. This elegant two-story traditional home, complete with walkout basement, is perfectly situated on an absolutely breathtaking piece of property on the Watauga River. The home's elevated position places it safely outside the flood zone, remaining entirely untouched even during the recent 1000-year storm. Enjoy the panoramic vistas from the expansive back deck, wrapping around to the charming covered front...Discover a truly exceptional riverfront estate in the sought-after Shull’s Farm of Valle Crucis. This elegant two-story traditional home, complete with walkout basement, is perfectly situated on an absolutely breathtaking piece of property on the Watauga River. The home's elevated position places it safely outside the flood zone, remaining entirely untouched even during the recent 1000-year storm. Enjoy the panoramic vistas from the expansive back deck, wrapping around to the charming covered front porch, all offering commanding views of the meticulously maintained grounds, the picturesque river, and the majestic valley. A fenced yard provides a secure haven for your furry friends, while a delightful gazebo and a temperature-controlled greenhouse cater to outdoor enthusiasts. Inside, the home radiates warmth and light. The main level features a fantastic sunroom, bathed in natural light from abundant windows, offering stunning sunset views toward the river. The spacious primary suite on the main level boasts 2 walk-in closets and en suite bathroom with jetted tub positioned for picturesque sunset views. A laundry room on this level adds to the home's practical design. Dual stairwells lead to the 2nd story; a charming circular staircase from the sunroom ascends to a large bonus room, ideal as an art studio or office. 2 additional spacious bedrooms and 2 full baths complete the upper level. The daylight basement offers a highly versatile living space, featuring a comfortable living room with a gas fireplace, kitchenette, cozy bonus room, & full bath. Two exquisite stained-glass windows infuse this tastefully designed area with unique charm. With its own exterior entrance, this level is perfect for extended family or guests. Modern conveniences including fiber optic high-speed internet. This is more than a home, it’s an opportunity to embrace a luxurious riverfront lifestyle, ready for your personal touches to create your dream sanctuary on the beautiful Watauga River.
LISTING CLOSED: 07/25/2025 12:00 AM

  1. Listed by Kimmy Tiedemann • Keller Williams High Country • (828) 773-5163

Property Details for 379 New Farm Road

Status
MLS #
255803
Days on Market
54
Taxes
$3,267 / year
HOA Fees
$1,000 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1994
Lot Size
4.80 AC / 209,088 SF
Architectural Style
Traditional
Waterfront Features
Creek, RiverFront, Stream
Parking Features
Driveway, Garage, TwoCarGarage, Oversized, Paved, Private
View
Yes
Subdivision Name
Shulls Farm
View
Mountains, Pasture, River, SouthernExposure
Zoning Description
Residential

Recent comparable sales

Median sold price

$975,000

Avg days on market

175

Sale-to-list ratio

89.7%

Banner Elk, NC

9 comparable properties found

a front view of a house with a yard
1/51
1

$855,000

Sold 03/17/26

3
Bedrooms
3,334
Square Feet
1.3
Acres
$1,500,000 | 360 Pigeon Roost Road, Banner Elk, NC 28604
1/51
2

$1,500,000

Sold 03/06/25

3
Bedrooms
3,505
Square Feet
1.03
Acres
$655,000 | 452 Falling Waters Way, Banner Elk, NC 28604
1/34
3

$655,000

Sold 01/08/25

3
Bedrooms
3,318
Square Feet
1.42
Acres
$1,412,500 | 668 Pigeon Roost Road, Banner Elk, NC 28604
1/49
4

$1,412,500

Sold 06/13/25

4
Bedrooms
3,567
Square Feet
19.01
Acres
$1,000,000 | 358 Falling Waters Way, Banner Elk, NC 28604
1/34
5

$1,000,000

Sold 03/31/25

4
Bedrooms
3,200
Square Feet
2.5
Acres
a front view of a house with a yard
1/49
6

$920,000

Sold 06/16/25

3
Bedrooms
2,854
Square Feet
0.94
Acres
a backyard of a house with table and chairs
1/43
7

$950,000

Sold 08/01/25

4
Bedrooms
3,506
Square Feet
2.08
Acres
$975,000 | 676 Nettles Ridge Road, Banner Elk, NC 28604
1/51
8

$975,000

Sold 05/20/25

3
Bedrooms
3,411
Square Feet
1.22
Acres
a living room with fireplace furniture and a large window
1/49
9

$975,000

Sold 05/20/25

3
Bedrooms
3,411
Square Feet
1.22
Acres

Location

Listing Courtesy of Keller Williams High Country

Sold By Allen Tate Real Estate - Blowing Rock

Add your commute

Building Information for 379 New Farm Road

Stories2Year Built1994Building Size-Lot Size4.80 AC / 209,088 SF

Payment Calculator

$6,574 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,219

Property Taxes

$272

HOA Dues

$83

The Payment Calculator is for illustrative purposes only.

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Property Information for 379 New Farm Road

Summary
Location and General Information
  • Directions: From Broadstone Road in Valle Crucis, turn into Shull's Farm on Old Shull's Farm Rd. Turn left onto New Farm Rd. Cross over the low water bridge, home will be on the left, see sign.
  • Road Surface Type: Paved
  • Postal Code: 28604
  • Road Frontage Type: PrivateRoad
  • MLS Area Major: 5-Watauga, Shawneehaw
  • MLS Area Minor: Valle Crucis
Taxes and HOA Information
  • Parcel Number: 1980-53-2564-000
  • Association Fee: $1,000.00
  • Association Fee Frequency: Annually
  • Association Name: Shull's Farm POA
  • Association: Yes
  • Tax Annual Amount: $3,267
  • Tax Book Number: 1163/777
  • Tax Legal Description: TRACT 17 SHULL'S FARM
  • Tax Lot: 17
School Information
  • Elementary School: Valle Crucis
  • High School: Watauga
Parking
  • Garage: Yes
  • Garage Spaces: 2.0
Property
Lot Information
  • Above Grade Finished Area: 2423.0
  • Below Grade Finished Area: 839.0
  • Lot Size Acres: 4.8
  • Lot Size Area: 4.8
  • Lot Size Units: Acres
  • Living Area: 3262.0
Property and Assessments
  • Other Structures: Gazebo, LivingQuarters
  • Year Built: 1994
  • Documents Available: Plat, SellersPropertyDisclosure, Survey
  • Human Modified: Yes
Utilities
  • Electric: Generator
  • Sewer: SewerAppliedForPermit, SepticTank
  • Utilities: HighSpeedInternetAvailable, SepticAvailable
  • Water Source: Private, Well
Interior and Exterior Features
Exterior Features
  • Exterior Features: PavedDriveway
  • Fencing: Full
  • Community Features: River
  • Construction Materials: WoodSiding, WoodFrame
  • Patio And Porch Features: Covered, Multiple, Open, WrapAround
  • Roof: Architectural, Shingle
Interior Features
  • Levels: Two
  • Stories: 2
  • Stories Total: 2
  • Basement: Yes
  • Basement: PartiallyFinished, WalkOutAccess
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total: 5
  • Bedrooms Total: 3
  • Rooms Total: 3
  • Cooling: Yes
  • Cooling: CentralAir, Ductless, AtticFan
  • Heating: Yes
  • Heating: ForcedAir, Fireplaces, Propane, Zoned
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Fireplace Features: Two, Gas, Propane
  • Laundry Features: MainLevel
  • Appliances: Dryer, Dishwasher, ElectricRange, GasWaterHeater, MicrowaveHoodFan, Microwave, Refrigerator, Washer
  • Interior Features: CathedralCeilings, SecondKitchen, WindowTreatments
  • Window Features: WindowTreatments

Property History for 379 New Farm Road

DateEvent & SourcePriceAppreciation
Jul 25, 2025

Closed

High Country Association of REALTORS #255803

$1,223,455
Jul 17, 2025

Closed (Public Record)

Public Record #1907448383

$1,250,000
Jun 7, 2025

Under Contract-Show

High Country Association of REALTORS #255803

DateEvent & SourcePrice
07/25/2025

Closed

High Country Association of REALTORS #255803

$1,223,455
07/17/2025

Closed (Public Record)

Public Record #1907448383

$1,250,000
06/07/2025

Under Contract-Show

High Country Association of REALTORS #255803

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 379 New Farm Road

Taxable ValueLand$280,600Additions$591,700Total$872,300
Home Facts
Beds4Baths2.5Total Finished SqFt3,002 SqFtAbove Grade Finished SqFt3,002 SqFtStories2Lot Size252,648 SqFtStyleSingle Family ResidenceYear Built1994CountyWATAUGAAPN1980-53-2564-000Fireplace TypeHas Fireplace

Schools near 379 New Farm Road

This home is within Watauga County School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Valle Crucis Elementary
PublicPK to 8

Watauga High
Public9 to 12

Watauga Virtual Academy
PublicK to 8

Watauga Innovation Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 379 New Farm Road, Banner Elk, NC 28604
$1,223,455
3
3,262
209,088
$1,375,000
5
4,792
635,540
4
4,331
209,088
$1,300,000
5
5,224
209,088
4
3,428
209,088
$740,000
4
5,742
209,088

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams High Country

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.